Trading activity by manufacture of dutable goods

Trading is hit by Rule 6 of CCR eventhough you trade similar goods manufactured by you.

If you make trading of goods you shoud be reversed CENVAT credit taken on trading goods.

as per the amendement in the cenvat credit rules from 1.03.2011, the common inputs and inputs service pertaining to trading and manufaturing has to be taken into consideration for prop*rnate reversal pertaining to the trading activity or payment of duty @ 5% on the differnce value of purchase and sale value.